GL Codes for Payments
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12/12/2016 at 3:31:25 PM GMT
Posts: 0
GL Codes for Payments

Is it time to add GL Codes to payment types?

In researching support tickets I came across several mentions of payments missing their GL Code when exporting invoice items.  We currently do not have a way to define GL Codes/Item Names for the payment record which leads me to the question: Is it time to add GL Codes to payment types?

Will you the GL Code/Item Name for a credit card payment be different between a dues and store order?



12/13/2016 at 4:11:08 PM GMT
We do not use separate GL codes for payment types. 


12/19/2016 at 10:35:22 PM GMT
I spoke to our controller who said:

*Yes, GL code to payment type would be wonderful.

*As for invoices in our accounting system (Sage) we batch the Journal Entries. (i.e. we group all the activity for the month into one entry rather than per each invoice).

I hope this is helpful.

Paul


12/28/2016 at 3:26:11 PM GMT
Posts: 0
Thanks. This is helpful information. Sounds like we should add a GL field for payment type. If you do not use it then you would not define a value.